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20120924
20121002
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KTVU (FOX) 1
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. intrade.com gives president obama a 75% chance of winning. are you a buyer or seller of that stat? > > i just want to talk about how legitimate these prediction markets are. it's offshore, so people don't actually put money on who they think is going to win. it's gone from 70% to 75%, so i think obama's getting a little bit over-bought. not that i think romney is going to win, but i think there's some opportunity here. > > i have to disagree with you, and i really do, because i think the price is efficient, i think obama being 75% is the ultimate sign of crowdsourcing together. you can't say one's overvalued, one's undervalued. > > if you look at the chart, the chart would have broken the trend line at 40 for romney. markets often come back to their break-out point, so- > > i'm just saying it's the ultimate source for crowdsourcing. undervalued, overvalued, we'll find out in a few weeks. > > it is what it is. > > yes. > > round two: oil spill. crude oil has dropped around 10%. where is the outrage? people are so angry when those speculators step in and move oil to the upside. now that it
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